SOLUM II Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SOLUM II Holding A/S
SOLUM II Holding A/S (CVR number: 10282136) is a company from Høje-Taastrup. The company reported a net sales of 12 mDKK in 2024, demonstrating a growth of 2.6 % compared to the previous year. The operating profit percentage was at 6.3 % (EBIT: 0.8 mDKK), while net earnings were 3760.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 42.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SOLUM II Holding A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2023 | 2024 | |
---|---|---|
Volume | ||
Net sales | 11 740.31 | 12 040.31 |
Gross profit | 8 980.99 | 9 228.81 |
EBIT | 46.49 | 763.74 |
Net earnings | 4 110.05 | 3 760.68 |
Shareholders equity total | 27 626.25 | 31 386.94 |
Balance sheet total (assets) | 65 476.33 | 72 816.50 |
Net debt | 27 707.00 | 31 892.58 |
Profitability | ||
EBIT-% | 0.4 % | 6.3 % |
ROA | 8.0 % | 7.4 % |
ROE | 14.9 % | 12.7 % |
ROI | 9.3 % | 8.6 % |
Economic value added (EVA) | 36.89 | -2 242.95 |
Solvency | ||
Equity ratio | 41.6 % | 42.6 % |
Gearing | 100.9 % | 101.6 % |
Relative net indebtedness % | 321.1 % | 344.1 % |
Liquidity | ||
Quick ratio | 1.5 | 1.3 |
Current ratio | 1.5 | 1.3 |
Cash and cash equivalents | 154.29 | 1.56 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | 24.2 % | 16.4 % |
Credit risk | ||
Credit rating | A | AA |
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